US EditionWall St Gains Amid Trade Negotiations, Rate Cut Bets
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Paul Marino, VP of Revenue at Themes ETF's: "If the Fed cuts interest rates in July, there's a chance the market will bounce back in the second half of the year." Violeta Todorova, analyst at Leverage Shares: "Oil prices fell sharply after the announcement - from $78.40 to $65.93. Fears of regional war and oil shortages did not materialize. The geopolitical risk premium evaporated - and the market returned to seeking yield."
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